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Charles Kennedy

Contributor since: 29 Sep 2011

Charles Kennedy

Charles is a writer for Oilprice.com

Latest articles from Charles

  • PDVSA Chief Goes to Russia To "Deepen Ties"

    Published 13 November 2020 | viewed 3,640 times

    The head of Venezuela's state oil company PDVSA, Asdrubal Chavez, and Venezuelan vice-president and economy minister Delcy Rodriguez are visiting Russia today to "deepen strategic…

  • Energy Has Become Bargaining Chip In Brexit Talks

    Published 12 November 2020 | viewed 4,950 times

    The European Union (EU) is conditioning the United Kingdom’s access to the EU energy market to Britain, making concessions on the fishing rights in British…

  • U.S. Wind Capacity Additions Set To Surge To Record In 2020

    Published 12 November 2020 | viewed 7,643 times

    The United States is on course to see record-breaking 23 gigawatts (GW) of wind turbine capacity additions this year, smashing the previous record from 2012…

  • African Oil Producers Face Slump In Production

    Published 12 November 2020 | viewed 2,918 times

    The five largest producers of crude oil in Africa face a combined production decline of 19 percent as a result of the pandemic’s effect on…

  • EIA Sees WTI Crude Averaging $44 In 2021

    Published 12 November 2020 | viewed 7,463 times

    WTI Crude oil prices are expected to average $44.24 per barrel next year, the EIA said in its latest Short-Term Energy Outlook (STEO), with the…

  • This Middle East Crude Is Becoming A Popular Benchmark For U.S. Oil Majors

    Published 11 November 2020 | viewed 4,625 times

    Chevron, Occidental, and oil trading giant Trafigura have agreed to explore the idea to price the light U.S. crude they export to Asia off the…

  • Russia: It’s Too Early To Talk About Tweaking OPEC+ Deal

    Published 11 November 2020 | viewed 2,483 times

    Russia is not ready to discuss changes to the ongoing OPEC+ oil production cuts before the Joint Ministerial Monitoring Committee (JMMC) next week, Russia’s top…

  • Oxy Becomes First U.S. Driller To Announce Net-Zero Plan

    Published 11 November 2020 | viewed 16,839 times

    Occidental Petroleum has become the first U.S. oil company to announce a plan to slash greenhouse gas emissions to net-zero by 2050. In a five-minute…

  • U.S. Energy Related CO2 Emissions Drop

    Published 10 November 2020 | viewed 3,260 times

    U.S. energy-related carbon dioxide emissions dropped by 3 percent last year, offsetting a 3-percent increase in 2018, as a record-high share of low-carbon sources were…

  • IEA: Renewables To Grow 7% In 2020

    Published 10 November 2020 | viewed 2,647 times

    Renewable power generation capacity will increase by 7 percent this year despite a 5-percent forecast decline in global energy demand, the International Energy Agency said…

  • Oman Looks To Raise $3 Billion Through Its Largest Oil Block

    Published 09 November 2020 | viewed 10,575 times

    Middle Eastern oil producer Oman is looking to raise $3 billion in a debt issue next year via a new company expected to hold the…

  • India Invites Foreign Firms To Invest In Its Strategic Petroleum Reserves

    Published 09 November 2020 | viewed 4,427 times

    India, the world’s third-largest oil importer, is inviting foreign energy companies to invest in its projects to expand its strategic petroleum reserve capabilities, Indian Oil…

  • Japan Bets Big On Hydrogen For Zero-Emission Future

    Published 09 November 2020 | viewed 4,160 times

    Japan is planning to reduce its dependence on fossil fuels by replacing them with hydrogen, Bloomberg reports, citing a project by Kawasaki Heavy Industries—the only…

  • Coal Consumption In U.S. Electricity Sector Plunges 30%

    Published 06 November 2020 | viewed 19,997 times

    Competition from record-low natural gas prices and reduced power demand in the lockdown in the spring sent coal consumption in the U.S. power sector down…

  • Trump Replaces FERC Chairman In Surprise Move

    Published 06 November 2020 | viewed 9,817 times

    President Donald Trump surprised many this week with the removal of Neil Chatterjee from the post of chairman of the Federal Energy Regulatory Commission. Chatterjee…

  • India Wants OPEC To Fix Asian Oil Pricing Anomaly

    Published 05 November 2020 | viewed 5,901 times

    India wants OPEC to review its pricing policies for the Asian market and end the premium it puts on its crude for Asia, Indian Oil…

  • Turkey Expands Gas Drilling In The Black Sea

    Published 05 November 2020 | viewed 2,971 times

    After announcing a major natural gas discovery in the Black Sea earlier this year, Turkey has started drilling for gas at a second location in…

  • Apache To Drill New Well Offshore Suriname

    Published 05 November 2020 | viewed 5,511 times

    Despite the industry-wide downturn, Apache Corp plans to drill a fifth well in Block 58 offshore Suriname, the company said in its third-quarter financial report,…

  • Stocks Of Major Wind Turbine Makers Slump Amid Election Uncertainty

    Published 04 November 2020 | viewed 4,421 times

    Shares of major wind turbine manufacturers slumped on European markets on Wednesday as the U.S. presidential election—with the two candidates differing strongly on energy policy—continued…

  • Model 3 Production Brought Tesla To Brink Of Bankruptcy

    Published 04 November 2020 | viewed 6,090 times

    Tesla came to the brink of bankruptcy before it launched the Model 3, chief executive Elon Musk said in a Twitter conversation. In a thread…

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